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Methods of Declaration of results and tax return

 

For entrepreneurs with the micro-BIC or micro-BNC regime, there is no declaration of results or tax package to file.

Taxation of profits

The entrepreneur with the micro regime must inform on his supplementary income tax declaration n ° 2042-C-PRO (supplementary declaration of non-employees, attached to the annual income tax declaration) the amount of income that ‘he cashed over the year.

Please note: the amount of sums collected is declared without taking into account the standard allowance (which is calculated by the administration).

VAT declaration

No VAT declaration has to be made since the micro-entrepreneur is exempt from VAT.

Reporting obligations of companies in controlled declaration

Declaration of results and tax return

Companies falling under the BNC and the controlled declaration regime  must complete and send at the end of each financial year a declaration n ° 2035 and its appendices .

Taxation of profits

As a BNC holder is directly and personally taxed on the profits made, no declaration has to be made at company level.

The professional and the natural person partners of partnerships falling under the BNC must include the amount of their taxable profit in their own income tax return, as professional BNC or non-professional BNC (2) on their declaration n ° 2042-C-PRO. Make its proper calculations with the taxfyle’s tax calculator  now.

  • Individual entrepreneurs and partners of partnerships professionally participating in the activity must declare a professional BNC on their supplementary income tax return n ° 2042-C-PRO.
  • Partners of partnerships not participating professionally in the professional activity must declare a non-professional BNC on their supplementary income tax return n ° 2042-C-PRO.

VAT declaration

Depending on the tax regime on which it depends, the BNC holder must comply with VAT declaration obligations:

Real simplified VAT tax regime: CA 12 or CA 12 E declaration (form no.3517 S) to be completed and sent annually or at the end of each financial year, also with two half-yearly installments to be paid, in July and in December, when the VAT due for the previous financial year exceeds 1,000 euros.

Actual normal VAT tax regime: CA 3 declaration (print no. 3310-CA3) to be completed and sent monthly, or quarterly when the annual VAT due does not exceed 4,000 euros.

Please note: when the VAT payable exceeds 15,000 euros per year, the company automatically switches to the actual normal VAT regime.

Reporting obligations of companies under the simplified real regime

Declaration of results and tax return

Companies falling under the real simplified profit tax regime must complete and transmit at the end of each financial year:

  • For companies falling under IR (1) : a declaration n ° 2031 and its annexes,
  • For companies subject to corporate tax : a declaration n ° 2065 and its annexes,
  • For all companies : a tax return consists of the printed No. 2033 A to G in 2033.

 

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